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New Deal


Announced

Completed

Insight Ventures completed an investment of $300m in N26.

Financials

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Transaction Value£232m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

financial sercives

Banks

Minority

Completed

Germany

Friendly

banking

Private Equity

Private

Single Bidder

Synopsis

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Private equity firm Insight Venture Partners completed an investment of $300m in specialty financial service provider N26. The financing round saw investment from private equity firms GIC, Earlybird Venture Capital, Tencent, Valar, Allianz X, and Greyhound Capital. “Around the world, millions of people still suffer from bad banking experiences and high fees. With Insight Venture Partners and GIC joining our renowned group of existing investors, N26 has the support of the best investors globally to disrupt one of the largest industries in the world," Valentin Stalf, N26 CEO.

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